Domino’s Pizza Group PLC shareholders will be hoping for an appetising set of results when the chain reports interims next Tuesday, 6 August.
Highlighting tough comparables, the master franchise in the UK warned the start of second-quarter trading had been slower than a year earlier in an update in May.
This was after sales and orders fell by 0.5% and 0.8% during the first quarter.
Domino’s did reiterate full-year guidance at the time, though, for underlying pre-tax earnings of around £147.6 million.
New initiatives were expected to improve trading, the company added at the time, including lunchtime offers and a growing partnership with Uber Eats.
The men’s Euros football tournament was also tipped to drive sales.
Royal Bank of Canada analysts also highlighted Domino’s return to volume-driven sales last month, noting the chain’s core business had an opportunity to win back “dormant customers”.
An “outperform” rating was set by analysts at the bank, alongside a 400p share price target.
At 320.6p as of Friday, the shares have fallen just shy of 14% over the year so far.